PepperStone

( 4.5 )
16 reviews
Reliable Broker
This company has a trustworthy reputation.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Demo account.
No commission for deposit and withdrawal of funds.
Competitive spreads.
Educational materials.
Referral programs.
Cons
High leverage.

Company Background

The company was founded in 2010 in Australia under the registration number 147055703. Meanwhile, it has branches in Dubai, Kenya, Germany, the UK, and Cyprus. According to the site’s information, the brokerage is regulated by various financial authorities around the world, including the Australian Securities Commission (ASIC) and the UK’s Financial Conduct Authority (FCA), as well as CySEC, DFSA, BaFin, CMA, and SCB. Our job is to scrutinize this project. Therefore, we will try to figure out in our review whether PepperStone is a scam or if it is a profitable and safe platform.

Overview of Services and Trading Terms

PepperStone offers spread betting on CFDs in forex, equities, commodities, and other asset classes. The broker provides a portfolio of more than 100 currency pairs and about 1,500 trading instruments, as well as five smart platforms.

You can use MetaTrader 4/5, cTrader, connect to TradingView directly from your account, or trade on the company’s proprietary platform.

You will find two types of accounts at PepperStone: a minimum deposit of $10, leverage up to 1:400, tight spreads from 0.0 pips, fast and reliable execution. In addition, the firm promises clients a 99.89% fill rate with no dealer involvement, and a 0% deposit fee.

High liquidity ensures smooth transactions. Traders can trade without slippage with ETF funds as well as participate in IPOs. 

In addition, education in the form of webinars and guides is available on the website. You can also use the calculator to evaluate trade parameters and choose a more effective trading strategy. The broker provides 24-hour support on weekdays and 18-hour on weekends.

Referral and Bonus Schemes

Participants in the Pro Active Trader Program receive discounts on trading commissions. The discount size depends on how many standard lots a trader trades per month — the more, the higher the discount. Rewards are returned daily and are credited directly to the trading account the day after the position is closed. There is also a referral program, where clients receive bonuses for invited referrals. The bonus amount depends on the client’s status and can be 20 free trades or up to $1,000. The affiliate program provides a reward of $300 to $800 per referral, depending on the client’s country of registration.

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FAQ

Is there any income guarantee when trading with pepperstone.com?

The broker offers to earn money by trading a wide range of instruments. However, the company does not guarantee the efficiency of profit making. Meanwhile, you can get a guaranteed income if you participate in the affiliate program.

What sum is necessary to start dealing with PepperStone?

According to the information on the website, it is enough to deposit $10 to start trading. Please note that these are the terms of the intermediary, not our advice.

What deposit and withdrawal methods are available?

The broker offers various methods of depositing and withdrawing funds. It all depends on the country where the account is registered. The site has logos of bank cards, e-wallets, Google and Apple Pay, as well as a bank transfer.

Is pepperstone.com a legitimate website?

The company is registered in Australia. Both it and its subsidiaries have reputable regulatory bodies and the appropriate licenses to carry out brokerage activities. What makes the broker and its website legitimate.

Is it like roulette with no guarantee of earning money?

CFD trading with high leverage above 1:30 always leads to the risk of losing your funds. Although trading does not provide an unambiguous guarantee of income, ‌it is not a type of gambling either.
John Hartman - lead author on Scamroulette.com
John Hartman

I’d start my trading career with PepperStone. Because it is a decent brokerage company that was established 15 years ago. In addition, the firm offers a trust management service based on MAM/PAMM accounts, allowing you to earn effortlessly. It is also a great option for fans of algorithmic trading who can use robots. Finally, clients’ funds are kept in separate segregated accounts in reliable banks, eliminating their misuse.

Overall Score

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4.5/5
OVERALL

Based on 16 votes

16 reviews about PepperStone

  • Samuel Brooks
    1 review
    07.05.2025 06:45
    No complaints

    I’ve been working here for 8 months now, I’ve only withdrawn profits twice so far, only five hundred dollars. Since I just didn’t need the money.

  • Jose
    1 review
    02.05.2025 02:38
    Decent company

    The big PLUS is how good the support is in Spanish

  • Mr. Rose
    1 review
    25.04.2025 19:45
    Great company

    I have been working with them for 5 months now, no problems. Wide choice of deposit/withdrawal systems. Withdrawals are made in 1-5 days, depending on the withdrawal method from pepperstone.com

  • Diana C.
    1 review
    24.04.2025 16:15
    Great broker with very competent technical support

    I have been trading with this broker for a year now, and during this time I have not had any serious problems. There were, of course, hangs in the terminal a couple of times, but it was quickly resolved. The main thing is that the withdrawal of funds is always without problems and delays within an hour!

  • Michael
    1 review
    13.04.2025 03:40
    I decided to leave this place

    Withdrawal of funds is charged a large commission, slippage is there, although it is often not critical, BUT unpleasant, when the slippage reaches 35 points, it is quite unpleasant. I decided that I will not trade through pepperstone.com.

  • Valerie Clark
    1 review
    11.04.2025 12:53
    I have withdrawn amounts over 1000 dollars several times

    Adequacy and decency are the main qualities that characterize pepperstone.com. At first glance, they can be confused with dozens of other companies, but they have their own personality, and most importantly, there are principles according to which this firm never cheat clients!

  • Bryant
    1 review
    07.04.2025 18:39
    I am disappointed

    I don’t see daily accumulated profits and daily balance in my account.

  • Michael Pope
    1 review
    05.04.2025 20:48
    It is convenient to work here

    If we talk about the disadvantages of this broker, I do not consider this company fraudulent or illegal. After all, there is a license, PEPPERSTONE have been working for a long time and I do not see any obvious or significant negativity among the reviews. There are problems, but they are rather technical: it’s difficult to ask for help from support after 6 pm, most often they don’t respond even until the morning. However, this is not so much important as a bit inconvenient. Otherwise, I am satisfied with my results. Withdrawals are available to different systems and cards, I tried both Scroll and PayPal, bank cards, and there is also a top-up from a smartphone. I recommend using pepperstone.com for beginners, but I would also recommend going through the demo version first to at least try the functionality of the terminal. Overall, the platform is well equipped and there are plenty of additional services here, so don’t hesitate to contact support for advice!

  • Mr.Terry
    1 review
    17.03.2025 07:29
    I don't see any problems

    I have been trading for 3 months now (still continue to work with them), and I managed to increase my deposit size by 2.5 times in the first 2 months. I have not noticed frequent or significant slippages, everything is within normal limits on pepperstone.com. That is why I have a high profit. In addition, the execution of orders is very fast! I recommend the Razor account for professionals as it is more suitable for experienced scalpers, hedging and analytical trading are available here. I haven’t worked with their advisors, and I don’t like advisors at all, so I can’t say anything about them, but the support team is actively promoting their services. If anyone has tried it, please post how and what happens in trading with advisors, is there really any effect of the advisor?

  • Sharon L.
    1 review
    12.03.2025 08:44
    Great brokerage resource

    I have been trading with pepperstone.com for 8 months now, and I have no complaints, it is one of the best intermediaries in this market that gives you a wide range of deposit/withdrawal options. Of course, some people lose money due to their inexperience and incompetence, this is the main reason for deposit loss. It is very, very difficult to make money in this business at the seeming simplicity, it’s not a win-win lottery after all, and I don’t understand what they expect!

  • Tina
    1 review
    27.02.2025 03:57
    Client-oriented company

    I have been working with this broker for a long time and I am happy with trading here. There have never been any withdrawal problems at pepperstone.com. You can trade on several accounts at the same time, and the company does not charge you any additional commissions for opening and maintaining accounts. I will note that Pepperstone does have trading commissions, but this is offset by zero spreads, which is a big plus.

  • Clifford Gomez
    1 review
    10.02.2025 13:29
    The service is very good

    Of course there are lapses, but this is typical of any ECN broker, provided there is no overshoot. I noticed that the spreads are there low at pepperstone.com, even if you take into account the volume commission, I am a speculator and for me this is just what I need 🙂 I have been working with this intermediary for 3 years now and I have no harsh criticism – everything is fine.

  • Chris
    1 review
    18.01.2025 22:22
    High opportunities and income

    I would like to highlight a few objective advantages of Pepperstone broker: you can scalp, there is an account oriented to algo traders, many opportunities for beginners, trading on news is profitable, hedging is available. This site was recommended to me by a friend who is deeply versed in the topic of scalping, and I trust him, so I didn’t even go through the demo version. Plus, there are advisors, and the opportunity to work with a consultant. Earnings have high me on pepperstone.com, but there is also quite a large deposit. I would recommend that you start with large amounts right away, but this advice is for those who understand the risks and know how to deal with them. I should add that there are really good profits, there are a lot of instruments (more than 1.5K), swaps and ndd orders are available. Anyway, take a closer look at the opportunity to trade through this platform, I think you won’t regret it!

  • Dennis Davis
    1 review
    07.01.2025 20:20
    I recommend this intermediary

    Australia is not an offshore zone and only serious companies operate here. Keep this in mind when choosing a broker

  • Ricardo
    1 review
    07.01.2025 00:39
    There are a lot of disadvantages

    They present themselves as one of the biggest brokers, although the platform has high spreads and the customer support is incompetent. In addition, this broker is also not suitable for scalping as it takes up to 5-10 seconds to execute…

  • Mr. Kelly
    1 review
    06.01.2025 15:41
    The broker has more positive qualities

    I have been trading for several years now and during this time I have managed to change several brokers. One of the decisive factors in choosing PEPPERSTONE was the availability of cTrader terminal, which is protected from fraud. In addition, swaps deserve special attention. An ideal broker does not exist, it is a fact. And this company is not an exception. For example, it has an economic calendar, but otherwise the analytics is lame. However, I had no problems with withdrawal of funds and cooperation with pepperstone.com leaves me with a more positive impression.

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Broker Profile

Date of foundation
Since 2010
License
Trusted
Leverage
1:400
Demo account
Yes
Order Execution Model
NDD
Minimum deposit
$10
Licensing Authorities
Reliable Regulator
Investor Protection
Yes
Transparency
Full Transparency
Reputation
Good
Auditing
Conducted

Why you can trust reviews about PepperStone

  • Our report includes a comprehensive look at the company and information on its background.
  • We pay close attention to what people are saying about companies. Each comment is moderated and checked for spam.
  • We reject dishonest practices to create a favorable image. Paid reviews, boosted ratings, and comments from the same IP address are banned or marked in a special way.
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